GBPUSD - Zoomed In - Confluences
3 Confluences (To help it push to the downside)
1) Support Break and Retest
2) Trend Line Support Break and Retest
3) In Line with Fib 50%
As a trader we bring out the tool box to help us make our best judgements on where a trade can go! Its a game of probability, so we must try to increase our probability of success.
P.S probability of success will only be in your favor over the long term, is if you use correct risk management.
1) Support Break and Retest
2) Trend Line Support Break and Retest
3) In Line with Fib 50%
As a trader we bring out the tool box to help us make our best judgements on where a trade can go! Its a game of probability, so we must try to increase our probability of success.
P.S probability of success will only be in your favor over the long term, is if you use correct risk management.